What are the utility companies’ RPS requirements?
Delaware In Delaware, the solar carve out in percentage terms is one of the most aggressive in the nation. It began at 0.011% in 2008 and increases each year until it hits 3.5% in 2026. The Delaware Public Service Commission (PSC) may review the schedule and recommend that the state legislature accelerate or decelerate the schedule as necessary. Beginning in compliance year 2014, and in each year afterward, the Delaware PSC may accelerate or decelerate the schedule given certain market conditions. The yearly solar requirements for Delaware are set forth here. The ACP per SREC begins at $400 and increases to $450 if the electric utility company has opted to pay the ACP in any previous year. The ACP can then increase further to $500, if the utility company pays the ACP again. The Delaware Energy Office has the authority to review and adjust the solar ACP given certain market conditions. Maryland In Maryland, the solar carve out begins at 0.005% in 2008 and increases each year until it hi